Self-regulating industry behavior: Antitrust limitations and trade association codes of conduct [Book Review]
Journal of Business Ethics 11 (12):915 - 920 (1992)
|Abstract||Self-regulation exists at the firm-level, the industry-level, and the business-level of economic organization. Industry self-regulation has faced economic (free rider) and legal (antitrust) impediments to widespread implementation, although there exist examples of effective industry self-regulation, e.g., securities industry and the SEC, advertising and the FTC. By instituting industry codes of conduct, national trade associations have shown to be natural vehicles for self-regulation. While there has been long-standing general encouragement for establishing industry codes, adopting and enforcing conduct codes has been seriously circumscribed by restrictive Supreme Court decisions and FTC advisory opinions. One approach to clearing legal confusion is to petition the FTC to issue an industry guide on promulgating and enforcing trade association codes of conduct. Another strategy is to utilize a stakeholder approach to association ethics committee appointments that subsequently influence code creation and enforcement. Finally, a new concept of an industry code of conduct will consist of three subcodes: an economic code; an environmental code; and a socio-political code. Combined, these strategic approaches will offer new opportunities for effective nonmarket regulation.|
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
Thomas A. Hemphill (2006). Physicians and the Pharmaceutical Industry: A Reappraisal of Marketing Codes of Conduct. Business and Society Review 111 (3):323-336.
Thomas R. Wotruba, Lawrence B. Chonko & Terry W. Loe (2001). The Impact of Ethics Code Familiarity on Manager Behavior. Journal of Business Ethics 33 (1):59 - 69.
Natasha Vijay Munshi (2005). 'Making Sense' of Collective Stakeholder Action at the Industry Level. Proceedings of the International Association for Business and Society 16:333-336.
Nancy B. Kurland (1993). The Defense Industry Initiative: Ethics, Self-Regulation, and Accountability. [REVIEW] Journal of Business Ethics 12 (2):137 - 145.
Nien-hê Hsieh (2006). Voluntary Codes of Conduct for Multinational Corporations: Coordinating Duties of Rescue and Justice. Business Ethics Quarterly 16 (2):119-136.
Earl A. Molander (1987). A Paradigm for Design, Promulgation and Enforcement of Ethical Codes. Journal of Business Ethics 6 (8):619 - 631.
Zabihollah Rezaee, Robert C. Elmore & Joseph Z. Szendi (2001). Ethical Behavior in Higher Educational Institutions: The Role of the Code of Conduct. [REVIEW] Journal of Business Ethics 30 (2):171 - 183.
Jeff S. Everett, Dean Neu & Daniel Martinez (2008). Multi-Stakeholder Labour Monitoring Organizations: Egoists, Instrumentalists, or Moralists? [REVIEW] Journal of Business Ethics 81 (1):117 - 142.
Kenneth D. Butterfield (1996). The Influence of Collegiate and Corporate Codes of Conduct on Ethics-Related Behavior in the Workplace. Business Ethics Quarterly 6 (4):461-476.
John D. Neill, O. Scott Stovall & Darryl L. Jinkerson (2005). A Critical Analysis of the Accounting Industry's Voluntary Code of Conduct. Journal of Business Ethics 59 (1-2):101 - 108.
Added to index2009-01-28
Total downloads5 ( #170,048 of 722,929 )
Recent downloads (6 months)0
How can I increase my downloads?